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$2,798 (target)

3121 Nicholson Lake Dr, Baton Rouge, LA 70810

3 beds • 2 baths • 1411 sqft

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This property might be a fair Mid-Term investment with a projected 3.47% first-year return on $71,592 initial cash invested.

3.47%

Cash On Cash

7.54%

Cap Rate

1.25

DSCR

$2,798

Rent

$207

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Cash Flow

$2,798 income − $2,591 expenses = $207 cash flow

Income$2,798Mortgage P&I$1,28446%Property Taxes$2258%Insurance$913%HOA$391%Management$33612%CapEx$1124%Vacancy$843%Maintenance$1124%Other$30811%Cash Flow$207

Investment Breakdown

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Purchase Price

$255k

Downpayment

20.0%

Interest Rate

6.5%

Mortgage Duration

30yr.

Cash To Invest

Total

$71,592

Downpayment

20%

$51,040

Closing costs

1%

$2,552

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,798

Total Expenses

$2,591

Mortgage P&I

46%

$1,284

Property Taxes

8%

$225

Home Insurance

3%

$91

HOA

1%

$39

Property Management

12%

$336

CapEx

4%

$112

Vacancy

3%

$84

Maintenance

4%

$112

Other

11%

$308

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